Tag: Market

Movement Labs suspends co-founder following MOVE market turmoil

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Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision to suspend the Movement Network (MOVE) trading, citing the token’s failure to meet its listing standards. Source: Movement The suspension came after a recently announced third-party review requested by the Movement Network Foundation into an agreement orchestrated by Manche with Rentech…

Lightchain AI remains in demand despite market downturn

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid market dips, investors turn to Lightchain AI, a resilient $0.007 presale token with $19.6m raised and real utility. The cryptocurrency market is currently experiencing a downturn, with significant price drops across major assets. While headlines focus on panic selling, experienced investors are shifting their focus to projects with solid fundamentals and practical use cases. One standout project is Lightchain AI (LCAI), now in its presale phase at $0.007,…

ATOM Surges More Than 4% With Broader Market as Cosmos Ecosystem Attracts Institutions

The Cosmos ecosystem is gaining significant institutional attention amid broader market volatility, with ATOM showing remarkable resilience after recovering from a drop to $4.23 on April 30th to stabilize above $4.38. The price of ATOM rose more than 4% in the last 24 hours, while the broader market gauge CryptoX 20 Index climbed nearly the same amount. This recovery comes as Canary Capital files for the first spot Sei ETF built on Cosmos SDK, featuring staking capabilities that could set a precedent for similar products across the ecosystem. Meanwhile, Figure’s…

Stablecoins on track for $2T market cap by 2028 — US Treasury

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US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of the Treasury’s Q1 2025 report. Stablecoins’ cumulative market cap currently stands at roughly $230 billion, but “[e]volving market dynamics [have] the potential to accelerate stablecoins’ trajectory to reach ~$2tn in market cap by 2028,” the Treasury said in the April 30 report.  A stablecoin is a cryptocurrency whose value is pegged to a traditional asset like the US dollar. According to the report, such tokens…

3.7M Cryptos Vanish Since 2021, Halving Market Post-Pump.fun

Key Notes 3.7 million crypto tokens disappeared between 2021 and 2025. Half of the losses occurred during the Pump.fun meme coin wave. 1.8 million tokens vanished in Q1 2025 alone. The crypto market has seen the disappearance of over 3.7 million tokens since 2021, with nearly half of those losses occurring during the Pump.fun-driven meme coin phase in 2024 and early 2025. A recent CoinGecko report revealed that 52.7% of all cryptocurrencies listed on GeckoTerminal, a crypto pricing platform, have exited the market, with the majority of these losses occurring…

BlackRock files to create digital shares tracking one of its money market funds

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Asset manager BlackRock has filed to create digital ledger technology shares from one of the firm’s money market funds, which will leverage blockchain technology to maintain a mirror record of share ownership for investors. The DLT shares will track BlackRock’s BLF Treasury Trust Fund (TTTXX), which may only be purchased from BlackRock Advisors and The Bank of New York Mellon (BNY), the firm said in its April 29 Form N-1A filing with the Securities and Exchange Commission. The money market fund holds over $150 million worth of assets, invested almost…

Best Crypto to Buy Now as Crypto Market Shifts Bullish. Could Altcoins Rally?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After a two-month-long downfall, which saw the total market cap of the top meme coins fall from $116.6B to just $40B, the meme coin market is up and running again. It has gained a staggering 45%…

Stacks Asia joins Abu Dhabi Global Market to boost Bitcoin L2 growth

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The Stacks Asia DLT Foundation has become the first Bitcoin-based foundation to register within the Abu Dhabi Global Market.  The move aims to support the expansion of Bitcoin (BTC) layer-2 technology across the Middle East and Asia. The foundation will use ADGM’s Distributed Ledger Technology Foundations framework, which is recognized for its flexibility.  Kyle Ellicott, interim Executive Director of the Stacks Asia DLT Foundation, said the decision was based on ADGM’s support for blockchain innovation and alignment with the Stacks (STX) ecosystem’s goals. Stacks is a Bitcoin layer-2 platform that…

BNB Chain price among ‘most resilient’ altcoins of the bull market — Here’s why

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What to know: Altcoins have lagged Bitcoin year-to-date, but BNB price shows relative resilience, trading only 10% lower than the previous cycle’s all-time high. BNB Chain shows a robust activity, consistently ranking third in daily transactions, active addresses, and TVL, while leading in the number of DApps. The blockchain’s weakest point is its revenue, which still lags compared to competitors. Altcoin price action has been underwhelming for much of the 2023-2026 cycle, pushing many crypto traders to focus primarily on Bitcoin. However, with moderate optimism returning to the markets, a…

Deloitte Predicts $4 Trillion Tokenized Real Estate Market by 2035, Driven by Blockchain Innovation

A recent Deloitte report forecasts that the global tokenized real estate market will grow from $0.3 trillion in 2024 to $4 trillion by 2035, with a 27% Compound Annual Growth Rate (CAGR), driven by blockchain-enabled fractional ownership and enhanced operational efficiency. The report projects growth in tokenized private real estate funds ($1 trillion), tokenized loans […] Source CryptoX Portal